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MIGHTY EURO SURGES AHEAD !

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Re: MIGHTY EURO SURGES AHEAD !

Postby cyprusgrump » Wed Dec 12, 2012 1:03 pm

Farage: 'Good Europeans' would break up the eurozone

How is that mighty €uro doing...?
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Re: MIGHTY EURO SURGES AHEAD !

Postby CBBB » Wed Dec 12, 2012 2:10 pm

cyprusgrump wrote:Farage: 'Good Europeans' would break up the eurozone

How is that mighty €uro doing...?


Well a Sterling Pound is worth €1.24, but then at one time it was worth €1.45.
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Re: MIGHTY EURO SURGES AHEAD !

Postby supporttheunderdog » Wed Dec 12, 2012 2:15 pm

as at the start of this thread about Eu 1 = $1.3849/£0.8812 now $1.3012/£0.81 and wobbling...
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Re: MIGHTY EURO SURGES AHEAD !

Postby Kikapu » Wed Dec 12, 2012 2:38 pm

supporttheunderdog wrote:as at the start of this thread about Eu 1 = $1.3849/£0.8812 now $1.3012/£0.81 and wobbling...


What makes you think the EU is not happy with the present exchange rate from the one where the Euro was stronger?

Considering all the financial turmoil within the Euro members for the past 3 years or so, the Euro lost relatively very little ground in it's value.
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Re: MIGHTY EURO SURGES AHEAD !

Postby CBBB » Wed Dec 12, 2012 2:46 pm

supporttheunderdog wrote:as at the start of this thread about Eu 1 = $1.3849/£0.8812 now $1.3012/£0.81 and wobbling...


So basically Sterling is not as good as it used to be, but better than it has been?
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Re: MIGHTY EURO SURGES AHEAD !

Postby cyprusgrump » Wed Dec 12, 2012 3:01 pm

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Re: MIGHTY EURO SURGES AHEAD !

Postby GreekIslandGirl » Wed Dec 12, 2012 5:24 pm

The Euro's not doing too badly for a brand new currency. Its main enemy is the dollar (and sterling is allied to the dollar) which it is shortly going to usurp from world domination.
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Re: MIGHTY EURO SURGES AHEAD !

Postby cyprusgrump » Wed Dec 12, 2012 5:46 pm

GreekIslandGirl wrote:The Euro's not doing too badly for a brand new currency. Its main enemy is the dollar (and sterling is allied to the dollar) which it is shortly going to usurp from world domination.


In your bizarre, fantasy dreams... :roll:

Meanwhile in the real world, half the €urozone countries are in meltdown...
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Re: MIGHTY EURO SURGES AHEAD !

Postby GreekIslandGirl » Wed Dec 12, 2012 7:12 pm

cyprusgrump wrote:
GreekIslandGirl wrote:The Euro's not doing too badly for a brand new currency. Its main enemy is the dollar (and sterling is allied to the dollar) which it is shortly going to usurp from world domination.


In your bizarre, fantasy dreams... :roll:

Meanwhile in the real world, half the €urozone countries are in meltdown...


So the 50% euro-zone countries who are not in "meltdown" will prop up the struggling ones. Whereas the 100% of sterling-zone countries (UK) and the 100% US dollar-zone countries (USA) who are also in meltdown have no one to prop them up! The dollar will be in second place very soon.
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Re: MIGHTY EURO SURGES AHEAD !

Postby supporttheunderdog » Wed Dec 12, 2012 9:34 pm

the Euro has proved very expensive for Cyprus. Now according to many Cypru's sovereignty has been taken away , something which I deplore but no doubt GIG approves of, bearing in mind she has no belief in Cyprus as a free and independant nation .

De Facto Loss of Sovereignty
Cyprus Makes Big Concessions for Bailout - SPIEGEL ONLINE
http://www.spiegel.de/international/europe/cyprus-makes-big-concessions-for-bailout-a-871938.html
Cyprus wants help from the European Union's bailout fund. But the price for the billions in emergency aid money is high. The country will effectively lose its sovereignty.
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